Broadcom Inc. (AVGO) Q2 Earnings and Revenues Beat Estimates

Broadcom Inc. (AVGO) came out with quarterly earnings of $10.96 per share, beating the Zacks Consensus Estimate of $10.79 per share. This compares to earnings of $10.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.58%. A quarter ago, it was expected that this chipmaker would post earnings of $10.25 per share when it actually produced earnings of $10.99, delivering a surprise of 7.22%.Over the last four quarters, the compa ...